You go to safety. Youre going to buy volatility, yields, bonds, and the dollar. 10 year yield now 75 basis quite a move from just a few days ago. Crude battered, beaten up today. Less demand for those oil prices. Guy absolutely. Lets recap where we are and what is going on. The german chancellor Angela Merkel currently meeting with heads of the german states. We are going to hear from her we think when that meeting wraps. We are probably likely to hear from her as well tomorrow morning. We are also getting Emmanuel Macron a little later on. Both countries moving toward more restrict of lockdowns. Lets get the latest. Maria tadeo joins us from brussels. Theres a lot of ideas floating around. None of this will be official until both Emmanuel Macron and Angela Merkel speak. The idea is we are moving into something that looks like a fulltime lockdown in the case of the french government, that we understand is seriously considering a onemonth lockdown that would start thursday night, going
Im ama daetz. Im dan ashley. As we hear about surges in coronavirus cases in other parts of the country. Californias numbers have been fairly steady the past several weeks and thats helping us build a better bay area. Nearly 3300 cases were reported with Southern California remaining the hardist hit region. The twoweek average is about 3200. There were another 22 deaths, which pushes californias total close to 17,000. More than 3100 people are hospitalized around the state with coronavirus. But there is very good news locally. San francisco is the first county in the bay area to move to the yellow covid19 safety tier. Thats the least restrictive tier that allows more businesses to expand and increase capacity indoors. Abc 7 News Reporter stephanie sierra has the story. Reporter San Francisco may start to feel alive again. The city officially moving into the yellow tier today granting the least restrictive rules for reopening. Here are the big take aways. Starting next tuesday, nonessen
Future, this is abc7 news. And we begin with the Justice Department going after google. The government says the milpitas company is breaking the law by using market power to block rivals. Their antitrust lawsuit marks the most aggressive legal challenge in the tech sector in decades. Good evening. Thank you for joining us. The lawsuit is being filed by the department of justice and 11 republican attorneys general. The government says google has 80 of the Search Market and is doing so, in doing so is stifling the competition. This is the most highprofile case the u. S. Has brought against a tech Company Since the 1990s and it hinges on an old law. The sherman antitrust act of 1890. More from chris win. Todays filing of a landmark antitrust case against google could be the start of more action to come against some of the key players in silicon valley. This is whone of the first rl examples that we have of the government trying to actually do something about the tech industry. Reporter go
Mallicoat joins us to take a look and take a deeper dive into the numbers. The numbers are very strong. Nearly 2 as you mentioned. Unemployment went from 13. 2 in july and it dropped 11. 4 in the month of august. California added nearly 100 2000 jobs as well. Of course, all welcome news for what is the 5th largest economy in the world. California near the nation. The u. S. Unemployment rate dropped 1. 8 that month. Now at 8. 4 overall. Californias dropped. The numbers can be former edd director and labor attorney Michael Birbeck says california still has a lot of work today. Todays numbers are really not consistent with all the other Economic Indicators we are seeing. In terms of the new yesterday. California was way above those of the National Rate in terms of consumer spending. Way down in the bay area compared to other parts of the nation. In terms of job postings, here in california, way below what we had in january and below the other parts of the nation. He points to urban areas
How air power is turning the tables in libyas conflict as the u. N. Back up he makes gains against belief after school. So then violent protests have rocked the u. S. City of minneapolis following the death of a black man in Police Custody multiple fires were reported and several businesses were looted large crowds have also been out on the streets in los angeles demanding justice for george floyd tore again be as this report. Anger turned to violence in minneapolis on wednesday night what started out as a protest against the death of an unarmed black man in Police Custody culminated in firefighters battling to contain multiple blazes across the city shops were looted as thieves took advantage of the chaos. The violence and deliberate damage to property by some has to some extent shifted attention away from Peaceful Protesters demanding justice. That. Earlier they surrounded the Police Precinct where the poor offices involved in the case were based in some areas police marched on demon